Tax-free savings products for UK Police

Forces Financial has selected Scottish Friendly to provide three new tax-free savings products for the UK Police and Armed Forces.

From the end of October, Scottish Friendly's Child Bond, Scottish Bond and Child Trust Fund will be available to all British personnel through the Forces Financial network of 20 branches and 90 introducers in the UK, Germany and Cyprus.
The bonds offer a tried and tested way of building savings. Between £10 and £25 a month per child can be invested in a Scottish Friendly Child Bond for a minimum term of 10 years or to mature at an 18th or 21st birthday. For adults, investment in the Scottish Bond can be from £15 to £25 a month over a ten year term.

Not only are the savings tax-free but so is the investment growth and the final payout. What's more, Scottish Friendly's mutual status means that all the profits are distributed among policyholders in the form of bonuses. With profits bonuses cannot be guaranteed in advance and if the plan is cashed in before the end of the term, the child or investor may not get back as much as that paid in.

Neil Lovatt, Sales & Marketing Director at Scottish Friendly, said, "This is an ideal partnership for Scottish Friendly. As a friendly society we are keen to encourage all forms of saving and investment for people from all walks of life. By teaming up with Forces Financial we can bring the benefits of affordable, mutual and tax-free investing to a large number of investors."

For more information and an information pack call 0800 585 625 quoting LGH or go to

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